Black & White Bridging has announced a partnership with fintech specialist, Nivo, to introduce a new app based application process.
The bridging lender said that the move intends to accelerate and improve the customer on-boarding experience, as well as reduce reliance on email communication.
Black & White Bridging is a privately owned principal lender which has been providing short-term, non-regulated lending solutions to property professionals in the South of England since 2013. records in short-term property lending.
Nivo’s app will reduce Black & White’s use of email for communications and move the lender to a mobile experience built on secure instant messaging with higher levels of security. The lender revealed it has already found that the new process is reducing application turnaround times by several days.
Black & White Bridging customers will also able to use the Nivo App to provide e-signatures, biometric ID verification and share documents, such as bank statements and payslips.
“We decided to partner with Nivo as we wanted to overhaul and modernise our onboarding process for customers and replace a very manual process with app technology to improve customer experience,” commented Black & White Bridging commercial director, Damien Druce.
“Nivo has enabled us to do all of this and drastically reduce our onboarding timescales, all whilst giving the client a modern and simple experience which is expected in the market today. Clients have also opted to download Nivo post-completion as an easier way to sign and deliver contracts and other requests, reducing the turnaround times by days.”
Nivo account executive, Zach Thomas, added: “Bridging is a fast-moving market where speed of application and completion makes a tangible difference to success rates. I’m delighted that Black & White Bridging has chosen Nivo to help transform its business and we’re looking forward to seeing the positive impact on its bottom line and working together to integrate further digital process and service enhancements.”
Latest News
-
House price growth rises to 2.4% in October – Nationwide
-
Residential property transactions fall month-on-month in September – HMRC
-
Mortgage affordability failing to reflect modern careers
-
Adviser study reveals clients cutting pension payments for IHT purposes
-
£31.6bn sitting in low-rate savings accounts
-
Net mortgage approvals rebound in September – BoE
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories